Courtesy: wikimediacommons
India faces heightened geoeconomic risks as the U.S. exits its unconventional monetary policy and the value of the dollar appreciates against major currencies. We can mitigate the risks with a multilateral safety net to provide liquidity, and by attracting FDI through the ‘Make in India’ programme
Courtesy: wikimedia
India’s decision to block the Trade Facilitation Agreement at the World Trade Organisation in July was perplexing; the confusion was compounded because India was almost alone in its position. This policy perspective explains the reasons for India’s curious stand
Courtesy: Wikipedia
The trade deficit and border issues have usually overshadowed the public discourse between India and China. However, below this surface, bilateral business and financial engagement is growing. India will have to engage judiciously with China to ensure that the resulting geoeconomic benefits remain in our favour
Courtesy: Gateway House
Indian prime minister Narendra Modi's landmark visit to the U.S. in September 2014 was followed by U.S. President Barack Obama's historic visit to India this month. Anticipating a renewed partnership between the two countries, Gateway House, presents a research paper titled ‘The India-U.S. Partnership: $1 Trillion by 2030’ that advocates a different path for the India-U.S. bilateral from all others, one that will help deepen economic relationship with the U.S.
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By using information and communication technology innovatively, Singapore has overcome the challenges of limited size and resources. There are many lessons here for India which is collaborating with Singapore on the Smart Cities project – especially when it comes to affordable housing and transport planning.
Courtesy: IANS/PIB
For long the Indian administration has separated the domains of strategic diplomacy and trade facilitation. However, the new government is actively working to bring the two under one umbrella knowing well that ‘economic diplomacy’ is crucial to regaining India’s growth story
Courtesy: Synthesio.com
Many Arab Republics are mired in political discord after the departure of the old tyrannical regimes opened up spaces for new struggles. In Iraq, Yemen, Libya, and Sudan, attempts to address the turmoil through constitutional reform are facing challenges. Will a democratic federalism be attained when the battles are done?
Courtesy: Associated Press
The debates and delays over the Goods and Services Tax exemplify how fiscal federalism is evolving through threats to its original design and rearguard action by states. Rebalancing the centre-state relationship is not easy, but an enlightened fiscal federalism is indispensable to keeping the republic together
Courtesy: Ministry of Finance/GoI
If Budget 2014 is used as a reference point to examine how closely the Modi government kept to its election promises, it is evidently not easy to extirpate the old ways of doing business. This is clear, for example, in the punitive capital gains tax rate on debt mutual funds. Budget 2015 must correct the anomalies
Courtesy: Food Corporation of India
India's refusal to budge on food security has resulted in the World Trade Organization’s failure to reach the first multilateral trade agreement in the last two decades. Having taken a tough stand can India take the lead, among developing countries, in reframing the power equations of globalisation?